{"id":230677,"date":"2021-04-23T04:07:12","date_gmt":"2021-04-23T04:07:12","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=market_outlook&#038;p=230677"},"modified":"2021-04-23T04:07:12","modified_gmt":"2021-04-23T04:07:12","slug":"share969685","status":"publish","type":"market_outlook","link":"https:\/\/www.zfx.com\/zh-hans\/market-outlook\/share969685\/","title":{"rendered":"\u901a\u80c0\u7684\u5168\u9762\u9884\u671f\u4e0b\uff0c\u9ec4\u91d1\u96be\u518d\u89c12000\u5173?"},"content":{"rendered":"<p>\u4e00\u5e74\u524d\u65b0\u51a0\u80ba\u708e\u5168\u7403\u8086\u8650\uff0c\u626b\u8361\u91d1\u878d\u5e02\u573a\uff0c\u5f53\u65f6\u9664\u4e86\u7206\u51fa\u201d\u7f8e\u5143\u8352\u201d \u5916\uff0c\u907f\u9669\u9700\u6c42\u4e5f\u8ba9\u80a1\u5e02\u3001\u539f\u6750\u6599\u3001\u751a\u81f3\u52a0\u5bc6\u8d27\u5e01\u6216\u62e5\u6709\u907f\u9669\u529f\u80fd\u7684\u9ec4\u91d1\u51fa\u73b0\u5d29\u76d8\u3002\u76ee\u524d\uff0c\u53bb\u5e743-5\u6708\u4efd\u7684\u4f4e\u57fa\u6570\u6548\u5e94\u4e5f\u662f\u8ba8\u8bba\u7126\u70b9\u3002\u968f\u7740\u5927\u89c4\u6a21\u7684\u8d22\u653f\u53ca\u8d27\u5e01\u653f\u7b56\u51fa\u53f0\u6551\u5e02\uff0c\u5168\u7403\u7ecf\u6d4e\u8fc5\u901f\u6b65\u5165\u590d\u82cf\u6b63\u8f68\uff0c\u4e5f\u6fc0\u8d77\u4e86\u9ad8\u901a\u80c0\u9884\u671f\u3002\u53bb\u5e74\u91d1\u4ef7\u66fe\u51b2\u81f3\u5386\u53f2\u65b0\u9ad82070\u7f8e\u5143\u6c34\u5e73\uff0c\u800c\u8e0f\u51652021\u5e74\uff0c\u7f8e\u56fd10\u5e74\u671f\u7f8e\u503a\u6536\u76ca\u7387\u7684\u5feb\u901f\u4e0a\u626c\u4e5f\u8bc1\u660e\u8fd9\u4e00\u70b9\u3002<\/p>\n<p>\u53bb\u5e74\u4f4e\u4ef7\u7684\u539f\u6750\u6599\u5982\u4eca\u666e\u904d\u90fd\u5df2\u5927\u5e45\u56de\u5347\uff0c\u666f\u6c14\u590d\u82cf\u65f6\u4fbf\u5bb9\u6613\u62c9\u52a8\u672a\u6765\u4e24\u4e2a\u6708(4\u6708\u53ca5\u6708)\u7684\u901a\u80c0\u6570\u636e(\u5e74\u7387)\u3002\u5982\u5b9e\u8d28\u5229\u7387\u8d70\u52bf(\u5229\u7387\u6263\u9664\u901a\u80c0)\u4e0e\u91d1\u4ef7\u8d70\u52bf\u6709\u53cd\u5411\u5173\u7cfb\u7684\u8bdd\uff0c\u90a3\u5c31\u4e0d\u6392\u9664\u8d1f\u5229\u7387\u7684\u6df1\u5316\u53ef\u5e26\u52a8\u91d1\u4ef7\u518d\u4e0a\u626c\u3002(\u8fd1\u6765\u91d1\u4ef7\u53cd\u5f39\u4e86100\u7f8e\u5143\u4e4b\u591a)<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1161\" height=\"403\" class=\"wp-image-230687\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-208.png\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-208-300x104.png 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-208-1024x355.png 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-208-768x267.png 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-208.png 1161w\" sizes=\"(max-width: 1161px) 100vw, 1161px\" \/><\/p>\n<p>(\u4e0a\u56fe\u4e3a\u7f8e\u56fdCPI\u5e74\u589e\u6570\u636e\uff0c\u4e0e2009\u5e74\u96f7\u540c\uff0c\u9884\u8ba1\u5c06\u53d7\u57fa\u6570\u5173\u7cfb\u800c\u5927\u5e45\u6500\u5347)<\/p>\n<p>\u95ee\u9898\u662f\uff0c\u9ad8\u901a\u80c0\u6216\u53ea\u662f\u4e2d\u77ed\u671f\u73b0\u8c61\uff0c\u56e0\u968f\u7740\u65f6\u95f4\u8fdb\u51656\u6708\u8fc7\u540e\uff0c\u751a\u81f3\u5230\u660e\u5e74\uff0c\u540c\u671f\u7684\u5546\u54c1\u4ef7\u683c\u9010\u6e10\u6500\u5347\uff0c\u901a\u80c0\u6570\u636e\u4fbf\u53ef\u80fd\u9010\u6b65\u5730\u6e29\u548c\u5730\u56de\u5f52\u5747\u503c\u3002\u518d\u8005\uff0c\u8bf4\u662f\u8bf4\u901a\u80c0\u5347\u6e29\u8ba9\u8d1f\u5229\u7387\u62ac\u9ad8\u91d1\u4ef7\uff0c\u4f46\u62c9\u9ad8\u7f8e\u503a\u6536\u76ca\u7387\u4e5f\u53ef\u62d6\u7d2f\u91d1\u4ef7\u3002\u53ea\u8981\u4e0d\u51fa\u73b0\uff02\u6076\u6027\u901a\u80c0\uff02\uff0c\u9ec4\u91d1\u4fbf\u4e0d\u592a\u53ef\u80fd\u662f\u6297\u901a\u80c0\u7684\u8d44\u4ea7(\u65e0\u6536\u76ca\u56e0\u7d20\u5f71\u54cd)\u3002\u5982\u5bc4\u671b\u91d1\u4ef7\u53ef\u91cd\u4e0a2000\u5927\u5173\uff0c\u6050\u6015\u6709\u70b9\u56f0\u96be\u3002<\/p>\n<p>\u770b\u957f\u4e00\u70b9\uff0c\u5e02\u573a\u4e0a\u8861\u91cf\u901a\u80c0\u9884\u671f\u9664\u4e86\u5f15\u7528\u7f8e\u8054\u50a8\u7684\u6570\u5b57\u5916\uff0c\u8fd8\u53ef\u5728\u4ee5\u76c8\u4e8f\u5e73\u8861\u901a\u80c0(breakeven inflation rate)\u53bb\u89c2\u5bdf\uff0c\u5373\u76f8\u540c\u671f\u9650\u7684\u503a\u5238\u6536\u76ca\u7387\u4e0e\u901a\u80c0\u6302\u52fe\u503a\u5238(TIPS)\u6536\u76ca\u7387\u7684\u5dee\u522b\u3002\u7b97\u4e00\u7b97\uff0c\u89c2\u5bdf5\u5e74\u671f\u548c10\u5e74\u671f\u7684\u76c8\u4e8f\u5e73\u8861\u901a\u80c0\u8d70\u52bf\uff0c5\u5e74\u671f\u5dee\u503c\u6bd410\u5e74\u671f\u5dee\u503c\u4e3a\u9ad8\uff0c\u663e\u793a\u957f\u671f\u7684\u901a\u80c0\u9884\u671f\u5e76\u4e0d\u5982\u60f3\u8c61\u822c\u9ad8\uff0c\u6216\u672a\u6765\u751a\u81f3\u6709\u53ef\u80fd\u51fa\u73b0\u8870\u9000\u98ce\u9669\u3002\u800c\u4e14\uff0c\u8fd1\u65e510\u5e74\u671f\u7f8e\u503a\u6536\u76ca\u7387\u5df2\u6709\u7a33\u5b9a\u8ff9\u8c61\uff0c\u53cd\u6620\u5e02\u573a\u4e5f\u8ba4\u4e3a\u201d\u6574\u4f53\u60c5\u51b5\u201d\u53ef\u63a7\u3002<\/p>\n<p><img decoding=\"async\" width=\"1130\" height=\"477\" class=\"wp-image-230696\" src=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-209.png\" srcset=\"https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-209-300x127.png 300w, https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-209-1024x432.png 1024w, https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-209-768x324.png 768w, https:\/\/www.zfx.com\/wp-content\/uploads\/2021\/04\/word-image-209.png 1130w\" sizes=\"(max-width: 1130px) 100vw, 1130px\" \/><\/p>\n<p>\u8bf4\u5230\u5e95\uff0c\u91d1\u4ef7\u5728\u53bb\u5e74\u521b\u9ad8\u4f4d\u540e\u8d70\u52bf\u4f4e\u8ff7\uff0c\u4e5f\u4e00\u5b9a\u7a0b\u5ea6\u5bf9\u7167\u4e86\u901a\u80c0\u9884\u671f\u3002\u4e0d\u5c11\u6295\u8d44\u8005\u8bf4\uff0c\u94b1\u90fd\u6d41\u5165\u4e86\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u4e86\uff0c\u53ea\u662f\u52a0\u5bc6\u8d27\u5e01\u7684\u4ef7\u683c\u4e0d\u5305\u62ec\u5728CPI\u4e4b\u5185\u5427\u3002<\/p>\n<p><strong>\u98ce\u9669\u63d0\u793a\uff1a\u4ee5\u4e0a\u5185\u5bb9\u4ec5\u4f9b\u53c2\u8003\uff0c\u4e0d\u4ee3\u8868ZFX\u7acb\u573a\uff0cZFX\u4e0d\u627f\u62c5\u6839\u636e\u672c\u6587\u6240\u8fdb\u884c\u4efb\u4f55\u4e70\u5356\u64cd\u4f5c\u800c\u5bfc\u81f4\u7684\u4efb\u4f55\u5f62\u5f0f\u635f\u5931\u3002 \u8bf7\u575a\u5b9a\u81ea\u5df1\u7684\u601d\u8def\uff0c\u505a\u597d\u76f8\u5e94\u98ce\u9669\u63a7\u5236\u3002<\/strong><\/p>\n<p><strong>ZFX\u5206\u6790\u5e08\u5468\u4e00\u81f3\u5468\u4e94\u5747\u4f1a\u53d1\u5e03\u6bcf\u5929\u65b0\u95fb\u603b\u7ed3\uff0c\u8bf7\u5373\u6536\u85cf<\/strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/market-news\/\"><strong>ZFX\u8d22\u7ecf\u65b0\u95fb\u9875<\/strong><\/a><strong>\uff0c\u901f\u8bfb\u6bcf\u65e5\u5e02\u573a\u65b0\u95fb\uff01<\/strong><\/p>\n<p>\u2014\u2014<\/p>\n<p><strong>\u5173\u4e8e<\/strong><a href=\"https:\/\/www.zfx.com\/zh-hans\/\"><strong>ZFX \u5c71\u6d77\u8bc1\u5238<\/strong><\/a><\/p>\n<ul>\n<li>\u53d7FSA\u76d1\u7ba1\uff0c\u8363\u83b7Financial Weekly 2019\u5e74\u6700\u4f73\u4ea4\u6613\u5e73\u53f0<\/li>\n<li>\u63d0\u4f9b100+\u79cd\u4ea4\u6613\u4ea7\u54c1\uff0c\u5305\u62ec<a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/forex\/\"><strong>\u5916\u6c47<\/strong><\/a>\u3001<a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/shares\/\"><strong>\u80a1\u7968<\/strong><\/a>\u3001<a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/indices\/\"><strong>\u6307\u6570<\/strong><\/a>\u3001<a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/commodities\/\"><strong>\u9ec4\u91d1<\/strong><\/a>\u3001<a href=\"https:\/\/www.zfx.com\/zh-hans\/products\/commodities\/\"><strong>\u539f\u6cb9<\/strong><\/a>\u7b49<\/li>\n<li>\u4e09\u79cd<a href=\"https:\/\/www.zfx.com\/zh-hans\/accounts\/\"><strong>\u4ea4\u6613\u8d26\u6237<\/strong><\/a>\uff0c\u6ee1\u8db3\u4e0d\u540c\u5ba2\u6237\u7684\u6295\u8d44\u9700\u6c42<\/li>\n<li>\u96f6\u4f63\u91d1\u3001\u4f4e\u4ef7\u5dee\uff0c\u6760\u6746\u7387\u9ad8\u8fbe1 \uff1a 2000<\/li>\n<li>\u5f3a\u5927\u7684\u4ea4\u6613\u7cfb\u7edf\uff0c\u6bcf\u79d2\u6267\u884c50\uff0c000\u8ba2\u5355<\/li>\n<li>\u6700\u4f4e\u5165\u91d150\u7f8e\u91d1\u5373\u53ef\u5f00\u6237<\/li>\n<li>24\u5c0f\u65f6<a href=\"https:\/\/www.zfx.com\/zh-hans\/about-zfx\/contact-us\/\"><strong>\u4e2d\u6587\u5ba2\u6237\u670d\u52a1<\/strong><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u4e00\u5e74\u524d\u65b0\u51a0\u80ba\u708e\u5168\u7403\u8086\u8650\uff0c\u626b\u8361\u91d1\u878d\u5e02\u573a\uff0c\u5f53\u65f6\u9664\u4e86\u7206\u51fa\u201d\u7f8e\u5143\u8352\u201d \u5916\uff0c\u907f\u9669\u9700\u6c42\u4e5f\u8ba9\u80a1\u5e02\u3001\u539f\u6750\u6599\u3001\u751a\u81f3\u52a0\u5bc6\u8d27\u5e01\u6216\u62e5\u6709\u907f\u9669\u529f\u80fd\u7684\u9ec4\u91d1\u51fa\u73b0\u5d29\u76d8\u3002\u76ee\u524d\uff0c\u53bb\u5e743-5\u6708\u4efd\u7684\u4f4e\u57fa\u6570\u6548\u5e94\u4e5f\u662f\u8ba8\u8bba\u7126\u70b9\u3002\u968f\u7740\u5927\u89c4\u6a21\u7684\u8d22\u653f\u53ca\u8d27\u5e01\u653f\u7b56\u51fa\u53f0\u6551\u5e02\uff0c\u5168\u7403\u7ecf\u6d4e\u8fc5\u901f\u6b65\u5165\u590d\u82cf\u6b63\u8f68\uff0c\u4e5f\u6fc0\u8d77\u4e86\u9ad8\u901a\u80c0\u9884\u671f\u3002\u53bb\u5e74\u91d1\u4ef7\u66fe\u51b2\u81f3\u5386\u53f2\u65b0\u9ad82070\u7f8e\u5143\u6c34\u5e73\uff0c\u800c\u8e0f\u51652021\u5e74\uff0c\u7f8e\u56fd10\u5e74\u671f\u7f8e\u503a\u6536\u76ca\u7387\u7684\u5feb\u901f\u4e0a\u626c\u4e5f\u8bc1\u660e\u8fd9\u4e00\u70b9\u3002<\/p>\n","protected":false},"author":100,"featured_media":230678,"template":"","market_outlook_categories":[11923,11929],"market_outlook_tags":[],"class_list":["post-230677","market_outlook","type-market_outlook","status-publish","has-post-thumbnail","hentry","market_outlook_categories-analyst-insights-zh-hans-2","market_outlook_categories-daily-outlook-zh-hans-2"],"acf":[],"current_lang":"zh-hans","_links":{"self":[{"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/market_outlook\/230677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/market_outlook"}],"about":[{"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/types\/market_outlook"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/users\/100"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/market_outlook\/230677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/media\/230678"}],"wp:attachment":[{"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=230677"}],"wp:term":[{"taxonomy":"market_outlook_categories","embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/market_outlook_categories?post=230677"},{"taxonomy":"market_outlook_tags","embeddable":true,"href":"https:\/\/www.zfx.com\/zh-hans\/wp-json\/wp\/v2\/market_outlook_tags?post=230677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}